Showing 1 - 10 of 992
In earlier theoretical framework, Morris and Shin (2002) highlight the potential dangers of transparency policy. In …
Persistent link: https://www.econbiz.de/10008694017
Following from Tarbush (2011a), we explore the implications of using two different definitions of informativeness over kens; one that ranks objective, and the other subjective information. With the first, we create a new semantic operation that allows us to derive agreement theorems even when...
Persistent link: https://www.econbiz.de/10009246877
Let S be a set of logically related propositions, and suppose a jury must decide the truth/falsehood of each member of S. A `judgement aggregation rule' (JAR) is a rule for combining the truth valuations on S from each juror into a collective truth valuation on S. Recent work has shown that...
Persistent link: https://www.econbiz.de/10005619969
Existing literature demonstrates clearly that knowledge is the sum of common knowledge and uncommon knowledge. Common knowledge is mostly inherited and it may or may not have scientific bases. Uncommon knowledge is mainly a product of the motions of science and technology. Scientific and...
Persistent link: https://www.econbiz.de/10011109157
We model media manipulation in which a sender or senders manipulate information through the media to influence receivers. We show that if there is only one sender who has a conditional preference for maintaining its credibility in reporting accurate information and if the receivers face a...
Persistent link: https://www.econbiz.de/10005626818
We develop a framework that allows us to reproduce the generalised agreement theorem of Samet (2010), and extend it to models with a non-partitional information structure, while highlighting the features that distinguish the result from the classic theorems found in the literature. Furthermore,...
Persistent link: https://www.econbiz.de/10008855551
We develop a framework that allows us to emulate standard results from the “agreeing to disagree" literature with generalised decision functions (e.g. Bacharach (1985)) in a manner the avoids known incoherences pointed out by Moses and Nachum (1990). We analyse the implications of the...
Persistent link: https://www.econbiz.de/10008855561
Using cross-country data, this paper examines the influence of government transparency on changing views regarding … nuclear energy before and after Japan’s natural and nuclear disasters of 2011. Empirical results show that transparency …
Persistent link: https://www.econbiz.de/10009022000
Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...
Persistent link: https://www.econbiz.de/10011112282
I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused on three survey measures of expected inflation: the...
Persistent link: https://www.econbiz.de/10009650037